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Josefa is married with three children. She has a kiosk where many people come to buy goods every day. She has been involved in business activities since 2005. She feels comfortable running her business because she can earn money every day.

A loan of $1,000 is offered to Josefa to improve her business. With this loan, she will buy some additional supplies such as noodles, coffee, sugar, salt and cigarettes. Running a business has made Josefa independent because she can be responsible for herself as well as helping her family. In the future, she hopes to run a bigger business.

Additional Information

More information about this loan

This loan is part of TRM’s effort to reach microentrepreneurs in East Timor, a region suffering from a deeply underdeveloped financial sector. Since its independence in 2002, East Timor has struggled with internal tensions which led to the quasi disappearance of its financial system. As of 2012, TRM is one of only two MFIs operating in East Timor trying to respond to the needs of thousands of microentrepreneurs. This loan provides underserved borrowers with critical capital to sustain their existing businesses or to improve their living conditions. 

Information about TRM

Tuba Rai Metin (TRM) is a microfinance institution in East Timor, one of the smallest, newest and least developed countries in Southeast Asia. The organization provides credit, savings and micro-insurance services to more than 7,000 clients. Its goal is to extend its reach into even more remote regions through branchless banking services.


About Timor-Leste

  • $6,800
    Average annual income
  • 24
    View loans »
    Timor-Leste Loans Fundraising
  • $2,408,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Josefa to buy noodles, coffee, sugar, salt and cigarettes for her kiosk.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Jan 13, 2014
Feb 24, 2014
Currency Exchange Loss:
Jul 17, 2014